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Title:  Manager, Climate Risk




Requisition ID: 168446

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.



The Manager will be part of the ESG Risk team within Business Banking Credit Risk Operations in Scotiabank’s Global Risk Management business unit. This individual will be a key contributor to the development of the Bank’s climate change risk management program by ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives.  


Reporting to a Senior Manager on the team, the Manager will manage the day-to-day activities specifically related to oversight of Climate Risk Management. The Manager will also be expected to contribute to the maintenance and enhancement of Scotiabank’s suite of climate related risk management frameworks, policies, and procedural documentation.      



  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Development, measuring and monitoring of risk metrics and indicators.
  • Creation and distribution of internal risk reporting (e.g., senior management/committee reports, risk appetite reporting).
  • Contributing content for external reporting (e.g., ESG Report, Annual Report, CDP, DJSI, etc.)
  • Supporting Credit Risk teams with assessments of potential climate change risks as part of the annual industry review process.
  • Preparation of climate change risk due diligence documentation and training materials.
  • Monitoring of external developments, including regulatory requirements (e.g., OSFI) and industry standards in relation to climate change risk. This includes topics such as reporting/disclosure requirements, taxonomy developments, and interconnected nature-related risks.
  • Track, monitor and report on progress on climate related initiatives being worked on by the ESG Risk team.
  • Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and the Guidelines for Business Conduct.
  • Champions a high-performance environment and contributes to an inclusive work environment.


Education / Experience / Other Information:

  • Has an undergraduate and/or graduate degree
  • At least 3-5 years of relevant climate change experience. Experience in a risk or audit role at would be considered an asset,
  • Knowledge of environmental and climate change risks and their potential impact financial institutions.
  • Familiarity with Climate risk management and reporting regulations, standards, and guidelines for the financial sector.  
  • Strong communication and relationship skills with a proven track record of engaging and presenting to stakeholders.
  • Spanish language fluency would be considered an asset.


Working Conditions:

  • Work in a hybrid model with one to two days in a standard office-based environment plus working from home; non-standard hours are a common occurrence. No business travel expected.


Location(s):  Canada : Ontario : Toronto 

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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